Drake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li

Drake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li

Total wealth in the Mena region grew by $2.221 trillion or 156 per cent since 2000, above the global average of 140 per cent, according to Credit Suisse Research Institute’s 2017 Global Wealth Report.
In the next five years

Middle Eastern debt issuance reached $57.4 billion during the first half of 2017, an increase of 53 per cent year-on-year, according to a Thomson Reuters report.
The value of announced M&A transactions with Middle Eastern invo

Middle Eastern debt issuance reached $57.4 billion during the first half of 2017, an increase of 53 per cent year-on-year, according to a Thomson Reuters report.
The value of announced M&A transactions with Middle Eastern invo

The refinancing risk for speculative-grade non-financial companies in Europe, the Middle East and Africa (EMEA) region has considerably fallen, with over half of the almost $1 trillion debt now due in 2022 and beyond as investors' continued

Middle Eastern debt issuance reached $77.8 billion in 2016, a 145 per cent increase compared to the value raised during 2015 and by far the highest annual total in the region since records began in 1980, said a report from Thomson Reuters, a lea

Consumers planning to pay for their shopping by contactless could be in store for a nasty New Year shock, according to research from a London Business School professor whose prior findings would suggest touchless payment could see festive shoppe

Dubai-listed conglomerate Gulf General Investment Co (GGICO) is seeking to restructure loans linked to a Dh2.8 billion ($762 million) debt plan which it agreed four years ago, banking sources told Reuters.
It is the latest example

Global developer Emaar Properties today announced Emaar South, its newest mega-development in Dubai South, one of the city’s most sought-after destinations of the future.
Situated just minutes from the Al Maktoum Internation